How religions work as businesses - an economic analysis

Paul Seabright, an economics professor at the Toulouse School of Economics, argues that religions function like competing businesses. He discusses how they provide community and meaning, challenging the notion of a universal decline in belief. The podcast explores the story of Grace, a woman sacrificing income for spirituality, and highlights churches as platforms that blend spiritual and material benefits. Seabright also delves into the power of storytelling in both religion and business, and how faith-based institutions act as crucial safety nets during crises.